The Canadian Association of Petroleum Producers (CAPP) is forecasting a 22 per cent increase in natural gas and oil investment in 2022.
January 26, 2022, 2:28 PM MST
Sustainability leaders in oil and gas need to be able to understand, mitigate, and communicate about their companies’ water risks, impacts, and opportunities.
January 26, 2022, 8:10 AM MST
Operators across Canada improved the rig release count and metres drilled, excluding experimental holes, by over 50 per cent in 2021 compared to the previous year.
January 21, 2022, 12 AM MST
The Daily Oil Bulletin has published the December edition of the On The Move newsletter.
January 21, 2022, 7:14 AM MST
Deep Basin operators are shifting activity from the liquids-rich Cardium formation to the more productive Spirit River formation as optimism grows that higher natural gas prices are sustainable, according to a new report by the Daily Oil Bulletin.
January 19, 2022, 8:52 AM MST
Sustainability leaders in oil and gas need to be able to understand, mitigate, and communicate about their companies’ water risks, impacts, and opportunities.
January 18, 2022, 7:31 AM MST
A new one of its kind course will help oil and gas operators unpack the major rules governing liability, closure, and reclamation in Alberta.
January 17, 2022, 7:32 AM MST
The Alberta government brought in a total of $36.04 million on the sale of 68,328 hectares of PNG and oilsands rights at yesterday’s first land sale of 2022.
January 13, 2022, 9:54 AM MST
There were 212 rigs at work this morning across the WCSB, with 251 down, for a 46 per cent active rate, reported Rig Locator.
January 13, 2022, 11:39 AM MST
In December, industry licensed 782 wells across Canada. That was the top monthly tally for 2021, and the highest count since December 2019, when industry permitted 830 new wells.
January 12, 2022, 6 AM MST
January 12, 2022, 11:46 AM MST
Oil and gas activity in the U.S. increased in the fourth quarter of 2021 and is expected to continue to gain momentum this year, according to oil and gas executives responding to the recently released Federal Reserve Bank of Dallas Energy Survey.
January 12, 2022, 11:21 AM MST
There were 209 rigs at work this morning across the WCSB, with 254 down, for a 45 per cent active rate, reported Rig Locator.
January 11, 2022, 11:42 AM MST
Western Canadian land sale revenue climbed in 2021 following a weak 2020 in which the auction schedule was cut short in key provinces such as Alberta and B.C.
January 10, 2022, 6 AM MST
Last year was an eventful one on the M&A front in Western Canada.
January 6, 2022, 6 AM MST
Major western Canadian producing provinces are riding high this fiscal year with respect to forecast royalty revenues.
January 5, 2022, 6 AM MST
The active rate in Western Canada was steady for much of the year, and remained above 30 per cent for the back half of 2021, recovering from the very low level in 2020 during the height of the COVID-19 pandemic.
January 3, 2022, 8:42 AM MST
There were 650 wells authorized in November, the highest monthly tally so far in 2021, and the top count since January 2020.
December 15, 2021, 8:43 AM MST
After three years of volatile prices punctuated by 16 months of uncertainty due to the COVID-19 pandemic, Western Canada’s natural gas sector appears on track for a sustainable recovery, Pembina Pipeline Corporation executives told analysts at the company’s 2021 market update last week.
December 14, 2021, 10:16 AM MST
The Daily Oil Bulletin has published the November edition of the On The Move newsletter.
December 14, 2021, 2:56 PM MST
There were 179 rigs at work this morning across the WCSB, with 310 down, for a 37 per cent active rate, reported Rig Locator.
December 14, 2021, 11:46 AM MST
Strict new rules for oil and gas companies to better detect, monitor, and repair methane leaks in the U.S. mean there is no time like now to figure out the multitude of measurement tools saturating the market.
December 10, 2021, 10:06 AM MST
Record levels of free cash flow continue to be generated by North America’s oil and gas producers according to a new report from Evaluate Energy that outlines how that cash is being used.
December 9, 2021, 12 AM MST
Parcels that were picked up in the Redwater, Provost, Smith Coulee and Minehead areas generated some of the highlights in the latest Alberta land sale.
December 9, 2021, 10:58 AM MST
With higher corporate profits, there are growing investment opportunities in Alberta’s oil and gas sector as stronger cash flows and financial positions among energy producers have allowed some operators to exceed their debt reduction targets, the government of Alberta said in its Nov. 30 mid-year fiscal update.
December 8, 2021, 8:52 AM MST
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